Results For: telecoms

African telecoms to abolish roaming rates

Phone calls across African borders could become cheaper, as ministers have discussed making an agreement to scrap roaming charges reports The East African. This emerged from a meeting of the Common Market for Eastern and Southern Africa (comesa), which has been taking place in Lusaka, Zambia, it adds. Ecowas, which is a group of 15 West […]

Business Products & Services

Nigeria: Telecoms regulators to check health of other operators

Nigeria’s telecoms regulator will check the financial health of other operators after Etisalat Nigeria defaulted on a $1.2 billion loan, a spokesman said. “We need to check the books to detect failings on time,” he told Reuters by phone, adding that the law setting up the Nigerian Communications Commission (NCC) empowers it to conduct such […]

Features & Reports

Telecoms financing: All Nigerian network operators must meet integrity standards

After collaborating with the Central Bank of Nigeria (CBN) on a loan repayment plan and the appointment of an interim board of directors for Etisalat Nigeria, the board of the Nigerian Communications Commission (NCC) Thursday directed the commission to ensure that all network operators in the country meet financial and technical integrity standards in relation […]

Features & Reports

Nigeria: Telecoms companies in trouble for mass sacking of staff

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The House of Representatives has summoned the administration of MTN, Glo, Airtel, Etisalat and Intels to show up on Wednesday over the enormous employment misfortunes in the telecoms segment. The five organizations are relied upon to react to “inquiries on their inability to dispatch to government coffers, real duties accordingly of their exercises in Nigeria”. […]

Features & Reports

Nigeria: Failure to issue telecoms licence cause loss of 62 billion naira

Nigerian Communications Commission (NCC) continues to hold back from issuing telecoms spectrum licences for Nigerian investors and this has been stipulated as about to cause a loss of at least N862 billion in gross domestic product. Read more…

Features & Reports

Illegal transmission: Radio frequency jam unsettles listeners nationwide – NBE

…No formal complaint yet –NBC Indications have emerged that radio stations in the country have continued to flout the directives of the National Broadcasting Commission (NBC) on recommended transmitter power in city-based FM stations, which has resulted in frequency clashes all over the country. This development is said to be most prevalent in Lagos and […]

News

Dangote leads world’s top 10 black billionaires – Report

Africa’s richest man, Aliko Dangote has been named by Forbes as one of the top ten black billionaires in the world. Dangote, who was not the only Nigerian to make the list, was placed on 1st position. See Forbes world’s top ten the black billionaires: 1. Aliko Dangote: $12,2 billion. Dangote is the undisputed richest person in […]

Business & Economy

African markets factors, outlook March 1, 2018

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – – – GLOBAL MARKETS Asian stocks fell on Thursday after Wall Street marked its worst monthly performance in two years as the impact from new Federal Reserve chief Jerome Powell’s hawkish-sounding […]

Business & Economy

MTN Nigeria to list $5.23 billion by July in a debut IPO in Lagos

MTN plans to list its Nigerian unit worth $5.23 billion by July in a debut IPO on the Lagos bourse and will raise fresh funds to reduce debt, according to pre-IPO presentation seen by Reuters. MTN aims to raise at least $400 million from the IPO to pay preference shareholders and is preparing to file […]

Business & Economy

Sudatel, Liquid Telecom to launch FTTH in Sudan

Sudan telecommunication and internet provider Sudatel Telecom Group and pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, have signed a memorandum of understanding to build new FTTH networks across Sudan. The MoU was signed by Eng. Tarig Hamza Zain Alabdeen, CEO of Sudatel Telecom Group, and Nic Rudnick, Liquid Telecom Group CEO, in […]

Business & Economy

SA: Customers needs define service providers’ digital transformation strategies, IDC

More than 90 per cent of South African organizations are either already engaged in digital transformation or in the process of planning and evaluating their transformation strategies. That’s according to global technology research and advisory services firm International Data Corporation (IDC), which says vendors and channel partners will also have to evolve their strategies to […]

Business & Economy

Sector expert next to buy 9mobile – Regulator

Nigeria’s telecom regulator wants to ensure that the telecoms firm 9mobile, born out of the defunct Etisalat Nigeria, is bought by investors with the know-how to run a company in that sector, it said on Friday. The Nigerian Communications Commission (NCC) is looking into the financial health of telecoms firms after Etisalat Nigeria defaulted on […]

Business & Economy

Job at Mooreadvice: HR Manager

Mooreadvice, a 460 degree Visual Brand Communication agency specializes in integrated marketing communications, offline advertising and consultancy. We deliver marketing solutions with strategic methods and creative thinking, backed up with technical excellence. We provide organizations with sales driven inspirations to achieve results and our activities are measurable, professionally managed and accountable. Our experience cut across […]

Jobs

Business: Kwese acquires stake in iflix Africa

Pan-African media company Kwesé has acquired a significant stake in global entertainment company for emerging markets iflix Africa, which will now form part of Kwesé’s diverse broadcast offering, as the core vehicle to deliver seamless mobile experiences to millions of viewers in Africa. Having set up operations in Nigeria, Kenya, Ghana and South Africa, iflix […]

Business & Economy

Discovering The Truth About Businesses

Understanding the Top Reasons to Look at Effective Telecommunications Equipment Although it’s important to consider a wide range of factors when you’re trying to make your business a lot stronger, it’s easy to see that your ability to listen to customers and respond to their demands will have a big impact on your success. When […]

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Renewal Dispute: Benin withdraws Globacom’s license

Benin’s telecommunications regulator has withdrawn the operating licence of Nigerian mobile telecoms company Globacom’s local unit in a dispute over new terms, according to a document seen on Tuesday. The regulator, ARCEP-Benin, said that it took the decision after negotiations with Glo Mobile Benin to renew its licence broke down earlier this month after the […]

Business Products & Services

Nigerian senate frees MTN on charges of corruption

Nigeria’s Senate approved on Wednesday a report largely exonerating South African telecoms company MTN Group Ltd’s Nigerian unit, after the business was accused of illegally repatriating $14 billion to its parent. But the Senate report also asked Nigeria’s central bank to sanction Stanbic IBTC Bank “for improper documentations in respect of capital repatriation and loan […]

Business & Economy

African markets factors Nov 9, 2017

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – – – EVENTS: *KENYA – The central bank to auction 91-day, 182-day and 364-day Treasury bills worth a total 24 billion shillings ($232 million). GLOBAL MARKETS Asia stocks hovered near a […]

Business & Economy

African markets factors for Nov 6, 2017

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. – – – – – GLOBAL MARKETS Asian shares stepped away from recent decade highs on Monday while the U.S. dollar staged a broad-based rally and oil jumped to a more than two-year peak […]

Business & Economy

Nigeria moves towards strict border control over hard currency

A draft law to ease a dollar shortage by restricting movement of hard currency in and out of Nigeria passed its second parliamentary reading on Wednesday. A dearth of dollars since crude prices slumped in 2014, slashing government revenues, prompted a recession in 2016 that Africa’s largest economy exited in the second quarter of this […]

Business Products & Services

Top 50 brands in Nigeria: MTN leads

Telecommunication provider, MTN has led the 2017 Top 50 Brands Nigeria for its innovation, Corporate Social Responsibility (CSR), online engagement, National spread, and Brand popularity. The brand is followed by Dangote Group, Coca-Cola, GTBank, among others in the ranking. The Chief Executive Officer of Top 50 Brands Nigeria, Taiwo Oluboyede, at the unveiling of this […]

Business & Economy

Liquid Telecom: Best African Wholesale Carrier 2017

Pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, has once again been named as Best African Wholesale Carrier at the annual Global Carrier Awards. For the sixth consecutive year, Liquid Telecom has been recognised for its outstanding achievements in the African wholesale telecoms sector, which it serves through the largest independent pan-African fibre […]

Business & Economy

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Market factors Sept 25, 2017 (Worldwide)

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. – – – – – EVENTS: *GHANA – The central bank to make its benchmark lending rate decision. *RWANDA – The statistics office to release second quarter 2017 gross domestic product figures. GLOBAL MARKETS […]

Advertising & Marketing

Microsoft ready to convey cloud benefits crosswise over Africa

Driving container African telecoms Group Liquid Telecom, an auxiliary of Econet Global has collaborated with Microsoft through the Cloud Solution Provider (CSP) program and is currently conveying versatile and secure cloud benefits crosswise over Africa. As an authority CSP accomplice, Liquid Telecom will surprisingly serve organizations of all sizes in Africa with cloud administrations and […]

Business Products & Services News

Loans: UBA gives funds to 9Mobile

Nigeria’s United Bank for Africa (UBA) said it had made a provision on loans made to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The lender did not give details of the provision but said it had a 38 billion naira ($125 million) exposure to 9mobile. UBA said the exposure was secured, and part […]

Business & Economy

30 percent on 9Mobile loan available: Zenith Bank

This article features ways in which Zenith Bank Nigeria has been trying to make sure that 9Mobile succeeds doing business… The Managing Director/CEO of Zenith Bank Plc, Mr. Peter Amangbo, has revealed that his bank, one of the 13 Nigeria lenders that loaned 9Mobile (formerly Etisalat Nigeria) $1.2 billion for its network expansion and upgrade, […]

Business & Economy News

Africa: Economic indicators for August 15, 2017

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. – – – – – GLOBAL MARKETS Asian shares rallied and the dollar firmed on Tuesday after North Korea’s leader signalled that he would delay plans to fire a missile near Guam, easing tensions […]

Business & Economy

Vodacom acquires 35% stake in Kenya’s Safaricom

Vodacom has successfully acquired a 35% stake in Kenya’s Safaricom from its parent firm Vodafone Group for ZAR35 billion ($2.6 billion). The transfer was executed by the group’s subsidiary Vodafone International Holdings, which retains a 5% indirect stake in Safaricom. After it obtained the requisite regulatory approvals in both Kenya and South Africa, Vodacom’s shareholders […]

News

… As Etisalat becomes 9Mobile

Nigeria’s telecoms regulator has approved the change of Etisalat Nigeria’s name to 9mobile after its Middle East parent pulled out, according to Reuters reports. Etisalat Nigeria has started the process of rebranding and is expected to unveil the new brand soon. “Etisalat Nigeria wishes to inform its over 20 million subscribers, government, regulatory agencies … […]

Features & Reports
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